Japan Cash Machine co.,ltd.JP:6418Stock Price

Market cap
¥31.6B
P/E ratio
5.8x
Japan Cash Machine manufactures currency-handling equipment like banknote recyclers and coin machines for gaming venues, retail stores, and commercial use worldwide.

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Business Overview

Japan Cash Machine Co., Ltd. is primarily engaged in the manufacturing and sales of currency-handling equipment. The company operates 16 consolidated subsidiaries and is organized into four business segments: Global Gaming, Overseas Commercial, Domestic Commercial, and Gaming Venue Equipment.

Currency processing equipment products include banknote recognition units and banknote recycling units. These are used in gaming machines and checkout systems to receive and dispense banknotes. Printer units are also utilized as ticket printers in gaming machines.

Automatic coin deposit machines are devices that sort, count, and store different denominations of currency, and are used in locations such as taxi dispatch offices. Cash deposit/withdrawal machines and change machines are employed in supermarkets and similar retail environments to streamline cash management operations.

Gaming venue equipment products include medal auto-supply systems and banknote transport systems. These are used in pachinko parlors to automate medal replenishment and banknote handling. Smart gaming machine dedicated units manage the rental of electronic medals.

The prize POS system handles prize redemption and inventory management at pachinko parlor counters. Additionally, pachislot and pachinko machines are operated as gaming devices, while currency dispensers are used at prize exchange counters for currency payouts.

The company also provides environmental equipment used in pachinko parlors and similar venues for air purification. These product lines play important roles across the company's diverse business segments.

Management Policy

Japan Cash Machine Co., Ltd. aims to contribute to the maintenance of legal order through the manufacturing and sales of currency-related equipment. The company has formulated "JCM Global Vision 2032" to pursue growth from a global perspective. This plan redefines the founder's philosophy and clarifies the company's corporate culture and social role.

The company's medium-term management plan emphasizes providing reliability in the diversifying money transaction field. To adapt to the cashless era, the company is also pursuing the development of new niche markets. Through this approach, the company aims to maintain its high market share in existing currency processing equipment while establishing brand positioning in new business areas.

Key initiatives include advance investments for building new business areas and expanding existing technologies into other markets. The company also prioritizes expanding the overseas commercial market and responding to diversifying money transactions. These efforts aim to improve profitability in existing operations and optimize the allocation of management resources.

While addressing geopolitical risks and inflation, the company is advancing sales efforts in existing markets and developing new markets. In particular, the company is targeting market share expansion in the gaming and overseas commercial sectors, accelerating new product development and sales channel expansion in the North, Central, and South American regions.

Furthermore, the company is promoting research and development activities to acquire new business areas. Through applying core technologies to other markets, the company aims for continued growth. This positions the company as one that contributes to the realization of a sustainable society.